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analytical procedure - Laramie Wire Manufacturing

Essay specific features

 

Issue:

Business

 

Written by:

Gerald V

 

Date added:

April 3, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 307

 

Was viewed:

3411 times

 

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Essay content:

First of all, for existence or occurrence, all items in the inventory account must physically exist and be available for sale. Thus, the auditors should physically count finished goods, copper rod, and plastic inventories, and determine actual increase of inventories at year end. Also, they should select items from the inventory ledger and locate them and reconcile the quantity...
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Also, they should select items from the inventory ledger and locate them and reconcile the quantity. Second, for completeness, the auditors should make sure that all existing inventories have been recorded completely , go around the warehouse and ensure all the inventories are recorded in the inventory ledger...
displayed 300 characters

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